Red Flags delay

Share this article:
The Federal Trade Commission on Wednesday announced that it will, for the third time, push back the enforcement deadline of the Red Flags Rule, which requires financial institutions and creditors to develop identity theft prevention programs. The new enforcement deadline is Nov. 1. In addition, the FTC will ramp up its efforts to educate small businesses about how to comply because many are still confused about their obligations, the FTC said. — AM
Share this article:
You must be a registered member of SC Magazine to post a comment.

Sign up to our newsletters

More in News

Tinba variant aimed at U.S., international banks

Tinba variant aimed at U.S., international banks

Researchers at AVAST have unlocked a Tinba variant and discovered it has been customized to target U.S. financial institutions.

Adobe makes delayed updates for Reader, Acrobat available

The Reader and Acrobat fixes were delayed a week due to issues found during testing.

Nigerian police search for ringleader in major bank heist

The suspect, Godswill Oyegwa Uyoyou, conspired with others to hack bank systems and divert 6.28 billion Naira to mule accounts.